8224 NW 1st PlMiamiFL33150
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Miami at 8224 NW 1st Pl, Miami, FL, 33150 earns $2,781/mo cash flow from $6,676/mo rent with a $2,692/mo payment. Total monthly income totals $6,676/mo, and annual cash flow totals $33,370/yr on $180,950 capital. ROI tracks 38.5% on current figures, and rental yield reads 14.57% at a $550,000 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 203.69% and total cumulative return in cash sums $368,578. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,676/mo property income instead of your personal income.
Single Family
Built in 1952
7,150 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33150, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,890 (100%) |
| Owner Occupied HU | 3,924 (36.0%) |
| Renter Occupied HU | 6,319 (58.0%) |
| Vacant Housing Units | 647 ( 5.9%) |
| Median Home Value | $475,794 |
| Average Home Value | $554,221 |
Housing Distribution
Address Breakdown
Residential
9,963
Single Family
7,582
Multi-Family
2,381
Businesses
761
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Listed by: Gasper Mavric • BHHS EWM Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11833263
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.